8 Best Project Finance Courses, Certification (December 2022)

  • Post last modified:29 September 2022
  • Reading time:30 mins read

“Project finance is the long-term financing of infrastructure and industrial projects based upon the expected cash flows of the project rather than the investor’s/sponor’s balance sheets. Usually, a project financing structure involves a number of equity investors, known as sponsors, and a syndicate of banks or other lending institutions that are willing to provide loans to the operation.”

Project finance became prominent in the western world during the mid-20th century and evolved into its modern form in the 1980s when it was used by commercial banks. Let’s have a look at the online courses you can take to educate yourself on this contemporary topic.


Best Investment Courses, Certification, Tutorials, Classes

Financial modelling | Project Finance & Infrastructure [Udemy]

This udemy project finance tutorial will help you learn how to build a project finance model and aid infrastructural finance deals around the globe. You will understand the distinguishing features of project financing while using Excel VBA to solve common financial modelling problems.

This udemy project finance class is offered by DealMaker which is a professional training brand developed by Roderick McKinley, CFA, a business and finance professional. His major successes include developing global power-sector forecasts for Bloomberg; winning contracts in a competitive bid process in Chile for wind farms valued at over $2bn, and financing a $585m wind deal.

Key Highlights & USPs

  • Work on project finance and infrastructure deals, break into private equity, build complex financial models from scratch, make a quantum leap in your financial modelling skills and learn Excel VBA and other tips to save hours of work. 

  • An application-led approach which will guide you through an entire project finance model built in Excel. Learn how to build one of the most complex financial modelling tools in the industry.

     
  • Prepare yourself to work on infrastructure deals with Banks, Advisory teams, Private equity funds, Debt funds, Industrial developers, and Asset managers.

  • Cover the theory and financial modelling for SPV financings, flexible capital structuring, debt sizing, VAT funding, lender covenants and much more.

  • Handle all the complex financial engineering, analyse aspects applicable to almost any infrastructure finance deal and calculate returns for debt and equity infrastructure investors.

  • Assess multiple financing and capital structure arrangements, have clean, efficient VBA code to speed up your analysis and free up your time following the best practices actually used by professionals.

  • Get full lifetime access to 2.5 hours of on-demand video on mobile and TV, 1 article, 1 downloadable resource and a certificate of completion.

Who is it for?

This udemy project finance course gives you all the pro tips you’d other have to pay thousands of dollars to access as part of a corporate training programme. The ideal students for the class are students and young professionals interested in infrastructure finance.

Rating: 4.7/5
Students Enrolled: 5,431
Duration: 2.5 hours

Financing and Investing in Infrastructure by Università Bocconi [Coursera]

This Coursera project finance certification will teach you how debt and equity can be used to finance infrastructure investments and how investors approach these investments. The course focuses on how private investors approach infrastructure projects from the viewpoint of equity, debt, and hybrid instruments.

Stefano Gatti, the Director of the MBA program at SDA Bocconi School of Management is the instructor of this Coursera project finance course. Universita Bocconi’s ambition is to develop students’ potential and foster knowledge in Business, Economics and Law through innovative learning and research activities in a multicultural environment.

Key Highlights & USPs

  • Explore the nature of project finance as a nexus of contracts and study the nature of the Special Purpose Vehicle as an empty shell.

  • Analyze the relationship between the SPV and its lenders starting from the introduction of what a syndicate looks like at the different roles performed by banks and the options available to organize such a syndicate.

  • Introduction to the topic of risk in infrastructure financing. Presents a possible risk taxonomy useful for analyzing risk as a preliminary step for its allocation to the parties best able to manage and control risk. 

  • Learn capital budgeting of infrastructure deals, elements making up the budget of the construction phase and the sources of finance used for the construction of said infrastructure.

  • Understand whether an infrastructure project is doable or not from the dual perspective of the shareholders and lenders. Contains a module analyzing the criteria for measuring the profitability of project sponsors and lenders. 

  • Analyze the standard security package offered by the SPV to its creditors, an in-depth look at the system of covenants assisting the credit agreement and the methods used to amortise a base facility in project finance.

  • The course allows you to set flexible deadlines, is 100% online and takes approximately 11 hours to complete. Earn a shareable certificate upon completion. 

Who is it for?

At the end of this project finance course, students will be capable of analyzing a complex transaction, identifying the key elements of a deal, and suggesting proper solutions for deal structuring from a financial advisor’s perspective.

Rating: 4.7/5
Students Enrolled: 4,801
Duration: 11 hours

Professional Certificate in Project Finance and Public Private Partnerships by New York Institute of Finance [edX]

Gain a set of job-ready skills from Wall Street professionals with this edX project finance tutorial. It is taught by instructors with decades of experience on Wall Street. The program develops the skills you need to handle the transactions, financing and policy of public-private partnerships (PPPs). Includes case studies to give you practical hands-on knowledge of crucial topics.

Jeff Hooke, the trainer of this edX project finance course, is a New York Institute of Finance faculty member with over 30 years of corporate valuation, investment banking and private equity experience. He has been an instructor at the institute since 2005 where he has designed and delivered courses in M&A and related financial topics.

Key Highlights & USPs

  • Understand project finance and the PPPs that are closely allied to project finance. Also, recognize different ways to classify projects by deal structure and customer type and review various examples of deals.

  • Learn the project finance process and how to select the best deals for investment.
  • Identify the additional contracts and documents that need to be created for a project and learn about Rating Agencies, the Loan Syndication Process, and the key political and currency risks in project finance.

  • Learn about the contracts and documents needed for a project, rating agencies, and the loan syndication process.

  • Explore management of risks including construction, supplier, market demand, market price, credit and political/country.

  • Get access to expert instruction, and a self-paced course and complete the required exam to earn your professional certificate in Project Finance and PPP from the New York Institute of Finance.

Who is it for?

This knowledge is essential for investors, commercial and investment bankers, lawyers, accountants, and regulators. If you are willing to learn about the accounting and economic drivers that motivate the use of Project Finance and understand key participants at critical points in a project timeline then this edX project finance class is for you.

Rating: 4.7/5
Duration: 5 months, 1-2 hours/week

Project Finance Modeling for Renewable Energy [Udemy]

Learn Financial Modeling for wind and solar projects with this comprehensive udemy project finance class. Project Finance Modeling for Renewable Energy course will give you the skills to develop and analyze financial models for wind and solar projects and you will gain insights into the step-by-step financial model development process for a renewable energy model.

This udemy project finance course is taught by Gregory Ahuy. Greg started his career in investment banking as an M&A analyst in London at Renaissance Capital – a leading Russian investment banking firm and was later relocated to Moscow to help some of the biggest Russian M&A deals in the mining and infrastructure sectors.

Key Highlights & USPs

  • The course covers essential topics like debt sizing and funding, wind and solar project operations, and investment returns. It will provide you with a robust financial modelling skillset for the analysis of renewable projects.

  • Go from a blank Excel workbook to a financial model suitable for investment analysis, debt structuring and operational scenario evaluation with step-by-step instructions on how to build a financial model suitable for analyzing wind and solar projects.

  • Learn how renewable energy projects get developed and financed, how to build a project finance model from scratch in excel for wind and solar projects and how to create best practice macro and Excel VBA codes. 

  • Understand how to size debt based on multiple covenants for wind and solar projects, and model Debt Service Reserve Account and project returns & blended equity returns. 

  • Learn to integrate multiple probability exceedance generation profiles and study the basics of GP/LP flip structures and tax equity for project financing. 

  • Get full lifetime access to 15.5 hours, 1 article, 179 downloadable resources and a certificate of completion. 

Who is it for?

If you need to build, review or analyse project finance models within the renewable energy sectors then this udemy project finance course is for you. Typical students include analysts, managers, senior managers, associate directors, financial advisors, financiers and CFOs from project companies, investment banks, private equity and infrastructure funds.

Rating: 4.6/5
Duration: 15.5 hours

Construction Finance by Columbia University [Coursera]

This Coursera project finance course expands the knowledge on the subject matter by including an understanding of economics and the mathematics of money which is an essential component of every construction project. Topics covered include the time value of money, the definition and calculation of the types of interest rates, and the importance of Cash Flow Diagrams.

This Coursera project finance class is taught by Dr. Ibrahim Odeh who is currently a faculty at the school of engineering and the director of research and founder of the Global Leaders in Construction Management (GLCM) initiative at Columbia University. At the core of Columbia University’s wide range of academic inquiry is the commitment to attract and engage the best minds in pursuit of greater human understanding, pioneering new discoveries and service to society.

Key Highlights & USPs

  • Discussion on the Mathematics of Money, beginning with a definition of the Time Value of Money, calculating simple and compound interest rates, the difference between nominal and effective interest rates along with cash flow diagrams. 

  • provides an in-depth look at designing and building commercial real estate by looking at financial plans and a deep dive into decision tree analysis.

  • Understand project finance and have an overview of Global Project Finance. The roles of stakeholders in project finance are reviewed as well.

  • Risk in project financing outlining the different entities involved in a transaction for a project and an outlay of Lean in Construction Financing and describes how to identify and mitigate risk using Lean Project Delivery Systems.

  • You can set flexible deadlines for this 100% online beginner-level course and earn a shareable certificate upon completion.

Who is it for?

This Coursera project finance class is for anyone willing to learn The basic economics of the essential components in every construction project, the definition and calculation of different types of interest rates and the importance of Cash Flow Diagrams. You will gain skills like Financial Modeling, project finance and real estate.

Rating: 4.8/5
Students Enrolled: 26,271
Duration: 18 hours

Complete Financial Modeling for Project Finance in Excel [Udemy]

This udemy project finance course will help you learn Financial Modeling for Project Finance and Infrastructure Valuation. Understand how to build a project finance model from scratch in excel based on the toll road project case study. Know what is project finance, how infrastructure project financing is arranged and who are the players in project finance.

This udemy project finance tutorial is taught by Gregory Ahuy. Greg started his career in investment banking as an M&A analyst in London at Renaissance Capital – a leading Russian investment banking firm. Mr Ahuy joined Eneco, one of the largest energy companies in the Netherlands where he led several renewable energy projects.

Key Highlights & USPs

  • Learn how to sculpt debt to a target DSCR, create best practice macro and Excel VBA codes to break circularities,  model Debt Service Reserve Account and Maintenance Reserve Account, and model Shareholder Loan, Revolver and Blended Equity IRR.

  • Carry out valuation analysis based on DCF and IRR methods and sensitivity and scenario analysis. 

  • Build integrated, 3 financial statements model and understand how to integrate monthly construction sheets into semi-annual operations sheets whilst preparing trusted project finance models tailored to investors and financiers.

  • step-by-step instructions on how to build a financial model suitable for analyzing project finance transactions.

  • Get access to 10.5 hours of on-demand video on mobile and Tv, 161 downloadable resources, and a certificate of completion.

Who is it for?

If you need to build, review or analyse project finance models within the infrastructure, oil & gas or mining sectors take this online udemy project finance certification. Typical students include analysts, managers, senior managers, associate directors, financial advisors, financiers and CFOs from project companies, investment banks, private equity and infrastructure funds.

Rating: 4.6/5
Students Enrolled: 1,328
Duration: 11 hours

Project Finance: Funding Projects Successfully by Delft University of Technology [edX]

With this edX project finance course learn the key strategies used by project managers to generate crucial funding for their projects. This course will provide you with the fundamental knowledge and necessary tools that you need to create an optimum financing structure for your project and enhance its potential to attract funding.

Emile Peters, Senior Lecturer at the Delft University of Technology is taking this edX project finance class. Emile is a senior lecturer of Economics and Project Finance at the Delft University of Technology. He has a career of 28 years, in which he has built up broad experience in project finance, working in many project roles and organizing the financing for different projects.

Key Highlights & USPs

  • Learn how to create a financing structure that will provide the best chance of successful project financing, and optimally allocate roles, risks and rewards between the various project stakeholders.

  • Create a financial risk management plan and construct the legal conditions for project financing to succeed.

  • Look at financing aspects and figure out the most important for financing to succeed. Then examine the project financing, which is a specialized form of financing. 

  • Focus on the system that has been developed to stabilize project cash flows and reduce the financial impact of risks. 

  • Build a good understanding of the most important financial and risk management aspects of project financing. 

  • Understand the standardized legal structure that has been developed to achieve all the project finance objectives.

  • Work with the financial model in Microsoft Excel and learn how to create a model for your own project and apply it to convince lenders and investors.

Who is it for?

At the end of the course, you’ll understand what is required to achieve successful project financing, understand how project financing works and how project investors and lenders think and assess the risks of a project. This edX project finance course is a good enhancement course for learners who successfully completed the MOOC Project Management from DelftX. It builds on the basic knowledge gained in that MOOC but deals with the financing aspects in more detail.

Rating: 4.6/5
Students Enrolled: 15,330
Duration: 1 months, 5 hours/week

Certified Project Finance Analyst [Project Finance Institute]

This certified project finance analyst programme is a hands-on intensive 8-week workshop that will help you gain your project finance certification and track your career along the way. Learn the Legal, Financial, and Technical aspects of Project Finance.

The instructors of this Project Finance Institute’s class are Kenny Whitelaw-Jones Partner, Gridlines Co-founder Financial Modelling Lead, Yusuf Macun Man, Partner, Cranmore Partners Co-founder Financial Advisory Lead, Jeremy Connick Partner, Clifford Chance Legal Lead, Dr Andrew Garrad CBE Founder, Garrad Hassan Technical Lea, Diana Shmulburd Infrastructure Consultant Financial Advisory Tutor, etc.

Key Highlights & USPs

  • Learn advanced Project Finance Modelling skills and get access to test preparation classes, practice case studies, the exam itself, the audit of your model, and the preparation of your final feedback report.

  • Understand from leading lawyers, engineers and financiers and conduct live negotiations with EPC contractors and lenders.

  • Your team will present to a mock IC and your decision-making will be underpinned by real-world Project Finance modelling.

  • Your colleague will participate in a real project simulation. They’ll run the model, negotiations and the deal.

  • Optimise bids, competing against other teams on the course. All the while developing world-class financial modelling and project structuring skills.

Who is it for?

This project finance institute’s course is for students willing to gain an overall knowledge of the subject. It contains all you need to practice the aspects of project finance in the real world.

Rating: 4.7/5
Students Enrolled: 24,682
Duration: 3 months, 12 hours/week

FAQ

What is the role of project finance?

roject finance helps in funding new investments by arranging the finances around the project’s cash flows and assets without creating an additional debt or sponsor guarantees. It is adopted to eliminate risk and raise finances at low costs to benefit the investor and the sponsors.

What are the features of project finance?

Some of the features of project finance include: capital intensive investing scheme, low risk, application of multiple investors possible, loan repayment with the project’s cash flow, credit to sponsor not affecting the project, etc.

What are the major sources of project finance?

Project Finance can have a variety of sources to fund its needs. However, the main sources include equity, debt and government grants. Each of these options has a different impact on the project’s costs, cash flows, liability, assets and incomes.

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